Charles Schwab Investment Management Inc. Has $156.16 Million Position in Omega Healthcare Investors, Inc. (NYSE:OHI)

Charles Schwab Investment Management Inc. grew its position in shares of Omega Healthcare Investors, Inc. (NYSE:OHI - Free Report) by 2.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 4,100,891 shares of the real estate investment trust's stock after purchasing an additional 114,665 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.43% of Omega Healthcare Investors worth $156,162,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Wells Fargo & Company MN grew its holdings in Omega Healthcare Investors by 3.0% during the fourth quarter. Wells Fargo & Company MN now owns 475,922 shares of the real estate investment trust's stock worth $18,014,000 after acquiring an additional 14,068 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Omega Healthcare Investors by 12.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 290,576 shares of the real estate investment trust's stock valued at $10,998,000 after purchasing an additional 32,721 shares in the last quarter. FIL Ltd boosted its position in shares of Omega Healthcare Investors by 425.3% during the 4th quarter. FIL Ltd now owns 87,299 shares of the real estate investment trust's stock valued at $3,304,000 after purchasing an additional 70,681 shares in the last quarter. Bank of Nova Scotia grew its stake in shares of Omega Healthcare Investors by 5.0% in the 4th quarter. Bank of Nova Scotia now owns 9,170 shares of the real estate investment trust's stock worth $347,000 after purchasing an additional 440 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Omega Healthcare Investors in the 4th quarter worth approximately $20,058,000. Institutional investors own 65.25% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Royal Bank Of Canada increased their price objective on Omega Healthcare Investors from $39.00 to $41.00 and gave the company a "sector perform" rating in a research report on Thursday, August 7th. Wells Fargo & Company raised Omega Healthcare Investors from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $38.00 to $41.00 in a report on Monday, July 14th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $42.00.

Insider Activity

In other Omega Healthcare Investors news, Director Lisa Egbuonu-Davis sold 2,500 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $40.16, for a total transaction of $100,400.00. Following the transaction, the director directly owned 18,654 shares of the company's stock, valued at $749,144.64. This represents a 11.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.50% of the company's stock.

Omega Healthcare Investors Stock Up 0.7%

NYSE:OHI traded up $0.28 on Tuesday, hitting $40.47. 2,389,281 shares of the company's stock traded hands, compared to its average volume of 2,090,066. The company has a market cap of $11.94 billion, a PE ratio of 24.98, a price-to-earnings-growth ratio of 2.78 and a beta of 0.66. Omega Healthcare Investors, Inc. has a 1 year low of $35.04 and a 1 year high of $44.42. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.96. The firm has a 50-day moving average price of $37.83 and a 200-day moving average price of $37.39.

Omega Healthcare Investors (NYSE:OHI - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.77 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.32. Omega Healthcare Investors had a net margin of 42.23% and a return on equity of 9.78%. The firm had revenue of $235.60 million for the quarter, compared to the consensus estimate of $248.49 million. During the same period in the previous year, the firm posted $0.71 earnings per share. The firm's revenue was up 11.8% on a year-over-year basis. Equities analysts anticipate that Omega Healthcare Investors, Inc. will post 2.86 EPS for the current fiscal year.

Omega Healthcare Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Monday, August 4th will be paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Monday, August 4th. Omega Healthcare Investors's payout ratio is presently 165.43%.

Omega Healthcare Investors Company Profile

Omega Healthcare Investors, Inc engages in the provision of financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities, assisted living facilities, independent living facilities, rehabilitation and acute care facilities, and medical office buildings.